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Mortgage Rates Surge to Highest in Year | Texas News
Mortgage rates just hit a 12-month high at 6.66%, climbing for four straight weeks and adding hundreds to monthly payments—making home buying tougher and sales sluggish. Driven by global tensions pushing oil prices and inflation, the 10-year Treasury yield has surged since February, directly fueling higher mortgage costs. While the Fed doesn’t set mortgage rates, its rate decisions ripple through the bond market, shaping what you pay to buy a home. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated…
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